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UBS AG has maintained a "Sell" rating on Beiersdorf shares, setting a price target of 111 euros after the company's quarterly figures fell short of expectations. Despite this, the consumer goods group remains optimistic about its annual outlook. Following the analysis, Beiersdorf shares rose 3.4% to EUR 131.40, indicating a potential decline of 15.53% relative to the target price.
UBS has maintained a "Sell" rating for Beiersdorf, setting a price target of 111 euros following the company's quarterly results, which showed organic growth falling short of expectations. Analyst Guillaume Delmas noted that despite this, Beiersdorf's outlook for the full year remains optimistic.
UBS has maintained a 'Sell' rating on Unilever shares, setting a target price of 4000 pence, following recent financial results from Hindustan Unilever and Unilever Indonesia. The company, a major player in consumer goods with over 400 brands, emphasizes sustainability through its Unilever Sustainable Living Plan, aiming for 100% of its plastic packaging to be reusable, recyclable, or compostable by 2025.
UBS has maintained a "Sell" rating on Unilever shares, setting a target price of 4000 Pence. This decision follows the financial results from Hindustan Unilever and Unilever Indonesia, as noted by analyst Guillaume Delmas in a recent report.
UBS has reduced its price target for L'Oréal from 415 to 409 euros following disappointing third-quarter sales figures, maintaining a "Neutral" rating. Analyst Guillaume Delmas noted that the personal care group's comparable revenue growth fell short of expectations.
UBS has reduced its price target for Nestlé from 91 to 83 francs while maintaining a "Neutral" rating. Analyst Guillaume Delmas noted that management is hesitant to confirm its organic growth target of 4 to 6 percent, indicating a shift towards outperforming the market rather than adhering to fixed goals. Challenges in certain sectors, particularly frozen food in the US, may lead to further divestments.
UBS AG has downgraded Nestlé's price target from 91 to 83 francs while maintaining a "Neutral" rating, citing management's hesitance to confirm its organic growth target of 4 to 6 percent. Analyst Guillaume Delmas noted challenges in certain sectors, particularly frozen food in the US, which may lead to further divestitures. As of 11:03 am, Nestlé shares fell by 0.4 percent to CHF 85.62, reflecting a 9.3 percent decline since the start of 2024, with a downside risk of 3.06 percent compared to the new target price.
UBS has reduced its price target for Nestle from 91 to 83 francs while maintaining a "Neutral" rating. Analyst Guillaume Delmas noted that management is hesitant to confirm its organic growth target of 4 to 6 percent, indicating a shift towards outperforming the food and beverage market instead of adhering to fixed goals. Ongoing challenges in certain sectors, particularly frozen food in the US, may lead to further divestments to enhance sales growth and margins.
UBS has reduced its target price for Nestlé from 91 to 83 francs while maintaining a "Neutral" rating. Analyst Guillaume Delmas noted that management is hesitant to confirm its organic growth target of 4 to 6 percent, indicating a shift towards outperforming the food and beverage market instead of adhering to fixed goals. Ongoing challenges in certain sectors, particularly frozen food in the US, may lead to further divestments to enhance sales growth and margins.
UBS has reduced its price target for Nestlé from 91 to 83 francs while maintaining a "Neutral" rating. Analyst Guillaume Delmas noted management's hesitance to confirm an organic growth target of 4 to 6 percent, indicating a shift towards outperforming the market rather than adhering to fixed goals. Ongoing challenges in certain sectors, particularly frozen food in the US, may lead to further divestments.
Guillaume Delmas
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ubs maintains sell rating on beiersdorf shares with price target of 111 euros
12:04 24.10.2024
UBS maintains sell rating for Beiersdorf with price target of 111 euros
Euro
Beiersdorf Aktiengesellschaft
CHE
DEU
Thomas Müller
Guillaume Delmas
Hubert Dichtl
Warren Buffet
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11:14 24.10.2024
ubs maintains sell rating on unilever with target price of 4000 pence
17:15 23.10.2024
UBS downgrades Unilever to sell with target price of 4000 pence
16:28 23.10.2024
UBS lowers L'Oreal price target to 409 euros maintains neutral rating
10:13 23.10.2024
ubs lowers nestle price target while maintaining neutral rating
11:20 18.10.2024
ubs lowers nestle price target amid growth concerns and market strategy shift
11:19 18.10.2024
ubs cuts nestle price target to 83 francs maintains neutral rating
11:13 18.10.2024
UBS reduces Nestle target price amid growth strategy reassessment
10:25 18.10.2024
UBS lowers Nestlé price target amid growth strategy reassessment
10:25 18.10.2024
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